1932 Washington Quarter Value
Silver melt value, mintage by mint, and how this year compares with every other year of the Washington Quarter series.
Silver content
| Composition | 90% silver, 10% copper |
|---|---|
| Silver content, as struck | 0.1808 troy oz |
| Silver content, worn (trading convention) | 0.1787 troy oz 0.715 troy oz per $1 of face value, the figure dealers quote from |
| Face value | $0.25 |
| Silver years | 1932 - 1964 |
1932 mintage by mint
| Issue | Mint | Mintmark | Struck for circulation | Proofs |
|---|---|---|---|---|
| 1932 | Philadelphia | No mintmark | 5,404,000 | - |
| 1932-D Key date | Denver | D | 436,800 | - |
| 1932-S Key date | San Francisco | S | 408,000 | - |
| Total | 6,248,800 | - | ||
- 1932-D: Every source consulted calls this a key date. Coin World describes the 1932-D and 1932-S as "the two keys to the series", coincollecting.com names the same two, and CoinWeek's series page calls the 1932-D the series key date outright. This is the second-lowest business-strike mintage of the silver Washington quarter.
- 1932-S: Coin World describes the 1932-D and 1932-S as "the two keys to the series" and coincollecting.com names the same two, which is what flags this issue. CoinWeek's series page is the dissent: it calls the 1932-S the series semi-key and reserves key date for the 1932-D. This is the lowest business-strike mintage of the silver Washington quarter, lower than the 1932-D above it.
Ranked by circulation mintage against all 83 Washington Quarter issues struck 1932 to 1964, lowest first:
- 1932 (Philadelphia): 12th lowest of 83
- 1932-D (Denver): 2nd lowest of 83
- 1932-S (San Francisco): 1st lowest of 83
Key dates: The sources agree on which two issues matter and differ on what to call them. Coin World describes the 1932-D and 1932-S as "the two keys to the series", and coincollecting.com names the same two, which is why both are flagged here. CoinWeek's series page splits them, calling the 1932-D the series key date and the 1932-S the series semi-key. No source names any other issue of the silver Washington quarter as a key date.
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Questions about the 1932 Washington Quarter
- How much silver is in a 1932 Washington Quarter?
- A 1932 Washington Quarter is 90% silver and contains 0.1808 troy ounces of pure silver as struck. Circulated coins have lost a little to wear, so the trade prices them at 0.715 troy oz per $1 of face value, or 0.1787 troy oz for this coin.
- What is a 1932 Washington Quarter worth?
- Its silver melt value is shown at the top of this page and is recalculated from the live silver spot price each time the page loads. Coins in collector grades can be worth more than melt, which depends on condition and is not covered here.
- How many 1932 Washington Quarters were made?
- 6,248,800 were struck for circulation across 3 mints. Philadelphia struck 5,404,000 with no mintmark. Denver struck 436,800 with a D mintmark. San Francisco struck 408,000 with an S mintmark.
- Is the 1932 Washington Quarter a key date?
- Yes. The 1932-D is a key date. Every source consulted calls this a key date. Coin World describes the 1932-D and 1932-S as "the two keys to the series", coincollecting.com names the same two, and CoinWeek's series page calls the 1932-D the series key date outright. This is the second-lowest business-strike mintage of the silver Washington quarter. The 1932-S is a key date. Coin World describes the 1932-D and 1932-S as "the two keys to the series" and coincollecting.com names the same two, which is what flags this issue. CoinWeek's series page is the dissent: it calls the 1932-S the series semi-key and reserves key date for the 1932-D. This is the lowest business-strike mintage of the silver Washington quarter, lower than the 1932-D above it.
- Is a 1932 quarter silver?
- Yes. Every Washington Quarter struck from 1932 through 1964 is 90% silver.
Mintage sources
- Domestic and Foreign Coins Manufactured by Mints of the United States, 1793-1970 (Bureau of the Mint, US Department of the Treasury). Silver coinage is tabulated per mint and per calendar year: Philadelphia in Table XIX, Denver in Table XXVII, San Francisco in Table XXXV.
- Numista catalogue: 1/4 Dollar "Washington Silver Quarter", United States
- Washington Quarter Mintages, washingtonquarters.org
- Coin Mintage: Washington Quarter, landofcoins.com
- Washington quarter mintage figures, Wikipedia
- Market Analysis: 1932-D and 1932-S quarter series keys, Coin World
- Washington Quarter Key Dates & Values (1932-Present), coincollecting.com
- Washington Quarter, Silver (1932-1964), CoinWeek, 7 April 2026